3D Systems Corp (NYSE: DDD) stock closed at $4.02 on 2/28/24 after a major decline of -23.1%. Moreover, trading volume in this decline was exceptionally high at 522% of normal. The stock has declined -22.5% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
DDD’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
3D Systems has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. 3D Systems has a neutral Appreciation Score of 54 and a slightly negative Power Rating of 36, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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